Nigeria Government to partner with private investors to improve sugar sector

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Nigeria government has planned to take the help of private investors to increase sugar production in the country.

Otunba Niyi Adebayo, Minister of Industry, Trade and Investment, said that the increase in production will boost the country’s economy. He was speaking at the official commissioning of multi-billion naira Nigeria Sugar Institute in Jiba-Oja town.

Adebayo said, “The investment made by the Federal government along with the private sector will create thousands of jobs in agriculture and manufacturing sector. Increasing partnership with private sectors will help in increasing such activities further.”

Kwara state governor Abdulrahman Abdulrazaq said the government will continue to provide an adequate environment for industrial growth in the region. “The state has the potential to produce enough sugarcane for the sugar industry in the country and getting the support of the private investors would help in growth of the country’s economy,” he further added.

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